Invoke FAS IFRS 16 certified by an international audit firm

17 May 2018

Invoke, a benchmark provider of financial and tax processing software, announces the certification of its Invoke FAS IFRS 16 solution by a leading Big Four accounting firm. The standard configuration of the solution ensures full compliance of generated consolidation adjustments.

Consolidation

IFRS 16

Lease

After an extensive assessment, the appointed Big Four audit firm was able to confirm that FAS IFRS 16 had successfully completed all the test scenarios, thereby validating the full compliance of all consolidation adjustment entries generated.This conclusive trial showed that there were no errors, omissions or inaccuracies in the calculations performed by the Invoke FAS IFRS 16 tool, which makes Invoke the first software developer to receive technical and functional certification from an internationally renowned audit firm.